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Technicals for Mastek Limited
By MusingTheNews
2026-02-03 20:47
Overall Technical outlook
Price Summary
The stock of Mastek Limited experienced a 2.87% boost, showcasing a remarkable market performance. On 2026-02-02, MASTEK's stock began at 2012.5, peaked at 2083.0, dipped to 1990.0, and closed up 2.87% at 2070.2, with a volume of 56463 shares. In the past year, the highest stock price was 2775.05, and the lowest was 1958.45. As per recommendations from 6 analysts, MASTEK's future price is expected to span between 2450.0 and 3320.0, with a mean price around 2914.1667.
Technicals
Support and Resistance: The price for MASTEK at 2070.2 is supported by the 2037.8 level and faces resistance at 2117.9. This range indicates key levels where the price may find buyers near 2037.8 and sellers near 2117.9, defining a trading range. Support/Resistance for MASTEK
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for Mastek Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Mastek Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Mastek Limited
Parabolic SAR: The PSAR for MASTEK continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Mastek Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for Mastek Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the potential for a reversal is hinted at by the slopes of the shorter-term averages. These faster-moving averages show signs of weakening momentum, indicating that while the overall trend is still upward, a reversal could be approaching. Tripple SMA chart for Mastek Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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